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The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said recently that US economic sanctions against Venezuela have affected global energy supplies.
He told Venezuelan media that the ECONOMIC sanctions imposed by the United States on Venezuela and other countries have seriously affected the ability to produce and export oil worldwide and violated the right of people in other countries to use energy.
Venezuela has one of the largest proven crude oil reserves in the world, but U.S. sanctions have made it impossible for Venezuela’s oil industry to consistently export reliable energy to the world, he said. Despite this, he highly appreciated the efforts of the Venezuelan oil industry to maintain zinc oxide are expected to increase in the future.
1. ZnO is used as reinforcing agent and active agent in rubber or cable industry, as colorant and filler of white rubber, and as vulcanizing agent in neoprene rubber.
2. Zinc oxide for rubber is used to make high-speed wear-resistant rubber products, such as aircraft tires, radial tires for high-end cars, and so on.
3. Due to its good pigment properties, ZnO is widely used in the paint industry, especially antirust paint and primer, sometimes up to 30%, and the demand for zinc oxide in inorganic paint and latex paint is increasing day by day.
4. As a petroleum product additive, zinc oxide is an indispensable antioxidant, anti-corrosion and anti-wear multi-effect compound additive in lubricating oil, accounting for about 10-15% of the consumption of all kinds of additives.
5. It is widely used in the deep desulphurization and purification process of industrial feedstock gas and oil such as synthetic ammonia, methanol and hydrogen production.
6. The addition of zinc oxide to glass can increase transparency, brightness and resistance to tension deformation, reduce the coefficient of thermal expansion, and play a new role in optical glass, electric glass and low melting point glass.
7. In the electronic industry, zinc oxide is mainly used to manufacture the magnetic material ferrite of electronic structural components, which is used in TV sets, electrical communication devices, rheostat and so on.
8. In the ceramic industry, zinc oxide is widely used in the translucent glaze of brick and tile glaze and rough pottery and the transparent coarse post-glaze mature glaze of craft tableware. Can be used as flux, opacifying agent, crystallization agent, used in the production of diamond blue glaze can also be used as ceramic pigments.
9. In the plastic industry, zinc oxide used as ultraviolet stabilizer can improve the atmosphere resistance of polyethylene, and the zinc resin prepared by the reaction of resin acid and zinc oxide can be used to produce quick-drying oil. Many reactions of zinc, such as zinc chloride, zinc sulfide, Lithopone, zinc acetate, zinc chromium yellow, zinc nitrate, zinc borate, etc., are prepared by using zinc oxide as the basic raw material.
10. It can be used in varistor industry, lightning arrester industry and magnetic material industry.
11. It can be used as white pigment instead of titanium dioxide. At the same time, it has a certain degree of electrical conductivity, which can be used in situations where antistatic or conductivity is needed. It also has the efficacy of shielding ultraviolet light, anti-mildew and sterilization, and improves the performance of the coating containing carboxyl group resin. Can be used in container paint.
12. Used as a matrix for analytical reagents, reference reagents, fluorescent agents and photosensitive materials.
13. In the copying industry, it can be used as electrostatic wet copying, dry transfer, laser facsimile communication, electronic computer electrostatic recording and electrostatic plate making files.
14. In the pharmaceutical industry, it is used as an astringent, as an ointment or plaster.
15. In addition, zinc oxide is also used in matches, fireworks, smoke bombs, optics, photography, batteries, aerospace, ammonium nitrate, cigarette filters and so on.
Zinc Oxide Price
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New Delhi: India's Oil Ministry recently conveyed its intention to five national oil companies including Indian Oil Corp and Bharat Petroleum Resources LTD to assess the possibility of buying shares in Russian oil projects sold by European and American oil majors.
Bp announced it would give up its 19.75% stake in Rosneft, the Russian oil company. ExxonMobil said on March 1 that it would exit about $4 billion in assets and terminate all of its Russian operations, including the Sakhalin-1 project in Russia's far East.
India's oil ministry has asked the overseas investment arm of India's Oil and Gas Corporation to consider buying ExxonMobil's 30 percent stake in the Sakhalin 1 project in Russia's far East. ExxonMobil is the operator of the project and Indian companies already have a 20 percent stake in the project.
Because of the ever-changing international situation, the supply and prices of international bulk zinc oxide are still very uncertain.
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